Pingpong news and trends

Today in the Connected Economy: Snap Sees the Promise of Augmented Reality Fashion
Connected Economy // September 28, 2022

Today in the connected economy, executives at Snap point to their augmented reality clothing and fashion offerings as  a virtual alternative to the metaverse. Also, Dubai steps up its efforts to become the world’s metaverse capital, and Robinhood teams with Circle to increase access to...

Today in B2B Payments: Firms Announce Partnerships
B2B Payments // September 28, 2022

Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts receivable (AR) management. Plus, Billtrust says it’s been sold in a $1.7 billion deal.  Partner Hub, Answer Pay Team on...

EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
emea // September 28, 2022

Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes the latest Italian unicorn. Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments The...

PingPong Teams With BNP Paribas on Acquiring Services
Acquiring // May 27, 2022

Chinese cross-border payments platform PingPong Payments is partnering with European bank BNP Paribas on acquiring services in support of Europe’s direct-to-consumer (D2C) market, according to a Thursday (May 26) press release. Global eCommerce is expected to reach $5.5 trillion in 2022 and worldwide D2C sales...

Interviews & Exclusives
What Will Business Look Like Post COVID-19? Ask China

April 02, 2020
Though the phrase “new normal” has gotten thrown around a lot lately, in many ways it is something of a misnomer. Here on the ground in the U.S., things are very far from normal – new or otherwise – with businesses closed, employees working remotely and people sequestered in their homes for at least the […]

Taking China’s eCommerce Lessons On The Road

February 06, 2020
China has been the belle of the ball when it comes to the global potential of eCommerce — for both consumers and businesses — for the better part of the...

How Singles Day Gave Rise To China’s Digital Commerce Culture

December 18, 2019
Singles Day started quite humbly. Before it was an international shopping festival raking in just under $50 billion in sales in a single day, it was an informal holiday in...

PingPong: Why Doing Payments Globally Is All About Thinking Locally

October 10, 2019
The appeal of the global market for both eCommerce buyers and sellers needs little explanation or introduction. As billions of consumers all over the world are logging into the global...

Quick Reads
PingPong Taps Amex Vet David Messenger as International Business CEO

July 10, 2023
Cross-border payments company PingPong has named David Messenger to the new position of global CEO. Messenger, a veteran of companies like American Express and LianLian, will be responsible for PingPong’s push to build payment solutions for businesses expanding internationally, the firm said in a Monday (July 10) news release. “Over the years, we have admired David’s initiatives […]

EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments

September 28, 2022
Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes...

PingPong Teams With BNP Paribas on Acquiring Services

May 27, 2022
Chinese cross-border payments platform PingPong Payments is partnering with European bank BNP Paribas on acquiring services in support of Europe’s direct-to-consumer (D2C) market, according to a Thursday (May 26) press...

Payments Firm PingPong Considers $1B IPO

January 27, 2022
PingPong, a Chinese startup that helps eCommerce merchants make cross-border payments, is considering an initial public offering (IPO) to raise up to $1 billion. Sources told Bloomberg News Thursday (Jan....